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Bitcoin's Position In The Hype Cycle Chart Might Help Predict Where Prices Are Headed

And now the slope of enlightenment. In the previous stages, there is great skepticism about the new technology. Big investors will stay away and threatened industries will look to discredit and ridicule the new technology. In the slope of enlightenment, there is an acknowledgment that the new technology has an application. At this stage, there is no denying the technology is here to stay. With Bitcoin, in recent months we have seen more adoption than any other year. This has ranged from banks to governments. Bitcoin’s recognition as a world-class digital asset has grown in the last couple of months, seeing wide adoption ever get closer. This is further evident with the chatter given to Bitcoin whether on social media or on mainstream media. What To Expect With Bitcoin Prices The la...